Energy market reform: proposals to yield €140 billion for member states

It was a clear message: “The current electricity market design – based on merit order – is not doing justice to consumers anymore,” said Ursula von der Leyen in her State of the Union address. That is why the Commission is seeking comprehensive reform of the electricity market to decouple the price of electricity from the dominant price of gas. The reform is to be implemented “early next year,” according to Energy Commissioner Kadri Simson. These measures have been announced:

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